Bank of America Merrill Lynch's trading arm, BofA Securities Europe SA, has filed a formal opening position disclosure under the Irish Takeover Panel Act, 1997, in relation to Irish Residential Properties REIT PLC (0QT8), the Dublin-listed residential property investment trust. The disclosure, dated 4 November 2026 and covering positions held as of 3 November 2026, reveals that BofA Securities Europe SA holds 31,004 ordinary shares, representing 0.006% of the REIT's relevant securities. The filing connects BofA Securities Europe SA to Baring International Investment Limited as the party to the offer, triggering mandatory transparency obligations under Irish takeover rules. Investors tracking the ongoing offer process may note the relatively modest position disclosed alongside active same-day trading activity.

Key Points

  • Bank of America Merrill Lynch / BofA Securities Europe SA (0QT8) filed a Form 38.5(b) disclosure with the Irish Takeover Panel
  • BofA Securities Europe SA holds 31,004 ordinary shares in Irish Residential Properties REIT PLC, equal to 0.006% of relevant securities, with no short positions disclosed
  • Dealings on 3 November 2026 included purchases and sales of 51,036 €0.10 ordinary shares each, with prices ranging between €1.294 and €1.304 per unit, alongside a borrow of 31,004 shares at €1.306 per unit
  • Investors should watch for further Rule 38 disclosures as the offer process involving Baring International Investment Limited develops

BofA Securities Europe SA's Disclosed Interest and Short Positions in Irish Residential Properties REIT

As of 3 November 2026, BofA Securities Europe SA held 31,004 €0.10 ordinary shares in Irish Residential Properties REIT PLC outright, representing 0.006% of the company's relevant securities. The disclosure confirms zero short positions across all categories, including cash-settled derivatives and stock-settled derivatives. No supplemental Form 8 was attached, indicating no open stock-settled derivative positions or options requiring further detail. The filing was submitted by contact Kamil Dziedzic and complies with Rule 38.5(b) and Rule 38.6 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, applicable to connected exempt principal traders without recognised intermediary status or not acting in a client-serving capacity.

Same-Day Purchases, Sales and Share Borrow Recorded on 3 November 2026

The announcement states that on 3 November 2026, BofA Securities Europe SA conducted matched purchase and sale transactions of 51,036 €0.10 ordinary shares each in Irish Residential Properties REIT PLC. Purchases were executed at prices ranging from €1.296 to €1.300 per unit, while sales were transacted between €1.294 and €1.304 per unit. Additionally, the form records a borrow of 31,004 shares at €1.306 per unit, which corresponds directly to the total interest position reported. No cash-settled or stock-settled derivative transactions were recorded alongside these dealings.

Connection to Baring International Investment Limited and Irish Takeover Panel Obligations

The disclosure identifies Baring International Investment Limited as the party to the offer with which BofA Securities Europe SA is connected, making this filing a mandatory regulatory transparency requirement under Irish takeover rules. Irish Residential Properties REIT PLC is a Dublin-based real estate investment trust focused on the Irish private residential rental sector. The filing does not disclose the terms, value, or current stage of the offer process. Investors monitoring the REIT should note that further Form 38 disclosures from connected parties may follow as the regulated offer timeline progresses under Irish Takeover Panel oversight.